Ranked by Healthcare Informatics as the number 48 healthcare IT company by revenue
HATBORO, Pa., June 5 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that the company has been named to Healthcare Informatics' HCI 100 for the fourth time in five years.
Healthcare Informatics' annual HCI 100 ranks the top 100 healthcare IT companies by revenue. This year, InfoLogix was listed as number 48 on the HCI 100, marking the second time the company has been ranked among the top 50 companies in healthcare IT. Since its initial ranking in 2005, InfoLogix has rapidly ascended this elite list, rising from number 91 to its current position at number 48.
Analysts are projecting the healthcare IT market will experience dramatic growth within the next few years. According to Kalorama Information research, Electronic Medical Records (EMR) implementation costs are estimated at up to $255 billion. InfoLogix continues to rapidly acquire and grow its intellectual property, consulting and managed services offerings to further penetrate this market opportunity.
"We are incredibly pleased to be included in the HCI 100--a collection of the biggest names in healthcare IT," says David Gulian, President and CEO of InfoLogix. "Joining the likes of McKesson Technology Solutions, Siemens Medical Solutions and GE Healthcare is a reflection of InfoLogix's ability to provide a complete range of quality services to our healthcare customers. From consulting services, to systems implementation and wireless infrastructure, we strive to offer our clients every piece necessary to provide the highest standard of care, while helping them streamline costs and improve patient satisfaction. We look forward to continuing to execute on our growth strategy as a total solutions provider in the e-Healthcare market and becoming a leading player in the EMR solutions marketplace in the years to come."
About InfoLogix, Inc.
InfoLogix is a leading provider of enterprise mobility solutions for the healthcare and commercial industries. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, Kaiser Permanente, MultiCare Health System and Stanford School of Medicine. InfoLogix is a publicly-traded company (Nasdaq: IFLG).
InfoLogix makes forward-looking statements in this press release which represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including the risks described in our Annual Report on Form 10-K for the period ended March 31, 2008 and other filings we make with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date of any forward-looking statement is made.
Media Contact for InfoLogix: Kristy DelMuto Gregory FCA 610-642-8253 x144 Kristy@GregoryFCA.com Corporate Contact: Jason Fradin Vice President of Marketing 215-604-0691 x1194 email@example.com
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